Break of structureHaving a broken structure to the downside and price made a young retest to the breaker block, if it doesn’t shoot up from this instant then we ought to expect a short drop to the 4h order block in order to go bullish…
Usdcadsetup
USD/CAD :: Downtrend in the new week !!USD/CAD :::
Orange line :: is a reliable line that the price reacts to every time it is touched, and this line shows the downward trend and currently plays the role of support for the price position.
Blue line :: It is a resistance that has been formed in a shorter period of time and the price has recently broken it, which can be another reason for the continuation of the downward trend.
Purple Channel ::
Based on the corrective movements, the price has been drawn in a higher time frame, which shows a slow downward trend.
The previous analysis has also shown the corrective movements well ::::
<<<< Analyze simply with The_Best_Trader_1991 >>>>
USDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD Trading Plan - 23/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Usdcad looking bullish from demand zone are you ready ?Usdcad looking bullish from the demand zone are you ready? we will look bullish from demand zone for retest supply zone are you ready
USDCAD analysis buy to sell modelI am interested to buy USDCAD at around 1.338 and take it to the supply zone marked. Let me know what do you think
USDCAD, long, around 100 pipsI expect increases around 1.35700.
About 100 pips up for grabs
GG
P.S.
This is not financial advice of course, just my idea.
USDCAD showing bearish pattern, continuation to support.USDCAD shows being bearish on MACD. This suggests the breaking of the mentioned support area to then retest it again. This gives the sell signal to continue bearish towards the specified white line on the chart previously tested about 4 times more or less. Details on chart.
#USDCAD- LONG 600 PIPS SETUP-Following our last setup on #USDCAD price exactly rejected and bounced 120 pips from our area.
-Upcoming weeks we will mainly be focusing on DXY as there will be ease on us dollar to gain back its strength before the fed announces the hike in interest rate in February.
-It is possible for price to create LL however it is very unlike to occur.
USDCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on USDCAD.
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make the retracement to fill that huge imbalance higher and then to reject from bearish orderblock.
Like, comment and subscribe to be in touch with my content!
USDCAD 3h longI welcome my dear fellow readers and traders to my next analysis.
We are going to see if the USDCAD will rise or if it is likely to fall further. When can you buy or is there any possibility of such a drop? When to exit? What is the reason to buy? These things we will see in this post.
I saw the chart and now it is in a good place to go for a long. Although stocks have fallen sharply now, the space still has the potential to withstand further damage. If you look at the 3h chart, there is little change in price from 1.34703 to 1.33839 range. So, the market remembers this price and keeps the price change in this range.
So, buying this stock at this location is the right decision. But there is also a chance to break this cycle if the stock distribution is high.
Look at the chart attached for a better clarity. Perhaps, I had in my mind that if the price closed from 1.34703 to 1.33839 range, then I can enter. Now the price has closed as expected within this range. Now it is time to go long a for a while.
But it is wise to follow your risk management before taking entry.
I love to share my ideas. Feel free to revise the text and provide feedback. It makes it so personal and improve us in better ways.
Thanks & Regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
FOREXCOM:USDCAD
#USDCAD- LONG 400+ PIPS TARGET!!-We have been expecting strong dxy since long time, as there is NFP this Friday, we expect it will be in favour of USDCAD.
USDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USCCAD, H4 sell signalThe price has broken the lower limit of the drawn channel.
I expect further declines on this pair.
TP around 1.333
GG
P.S.
This is not financial advice of course, just my idea.
USDCAD 1:4 plus TRADE in SHORT! explained With Curve Analysis.
We have a Weeky Source Supply and a 6 Months Destination Demand forming the Demand and Supply Equilibrium Curve,
Currently Price is in the area which is High on the Curve hence the risk: reward ratio is very favourable in the trend direction.
The Daily Supply is a potential trade in sell, risk is defined and reward is set, for analysis on a specific script plz leave ur precious comments,
Enjoy Money Making !!!
USDCADD. BULLISH TREND
BREAK OF STRUCTURE
BREAK AND RETEST OF A MAIN S/D ZONE
PRICE ABOVE THE SMA's
4h. imma wait for price to either retrace the zone again and show me the bullish pressure through price action or if it continued bullish imma wait for a break and retest of 1.37000 then look for my entry on the 30m
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. The reason is because OIL is slightly WEAK, CAD is WEAK and USD is slightly UP. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
And MARKETS RISK has been OFF again for this reason. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So stay tuned for FED UPDATES.
We think it will go up to the 1.3792 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3155 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
Usd/Cad May go short { Pitchfork} (3rd December 2020)Disclaimer:- Educational Analysis says Usd Cad may go Short according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why Short?
Because the 4 hr trendline(backline) is been respected twice.
For Additional Confirmation on this trade. you may go for 15 min tf and pitchfork tool may help you to this analysis in more disciplined way.
USDCAD, sell, double top on H4I expect a decline in this currency pair.
A double top has formed on H4, which may mean declines and breakout of the support line with TP around 1.3400
GG
P.S.
P.S. This is not financial advice of course, just my idea.
USDCAD is ready to go shortThe dollar has reached its highs, a further decline is in sight to maintain the bullish channel of the USDCAD pair. The pressure of buyers against sellers is losing volume. We can therefore consider a sale at this price zone.
The price will not be able to be maintained above the 1.36 level.
USDCAD, long, around 100 pips, H4After a rebound from the previous TP (analysis completed) I expect increases around the upper limit of the drawn channel (green line)
TP around 1.3750, around 100 pips
GG
P.S.
This is not financial advice of course, just my idea.
USDCAD LONGUSDCAD looks very bullish. We can see that by looking at the bigger picture, the pair is in a nice strong uptrend. This can be confirmed with the breakout of a counter trendline
as well as price action turning bullish with breakout of our key level being the lower high. We are expecting to hold trade for around 3-4 weeks. We are looking to make between
10% to 22% on this trade depending on how far price goes in terms of our targets being T.p 1 to 3 at 2% risk per trade.
USDCAD, I am Short (After a Bull Shot)USDCAD, I am Short (After a Bull Shot), be ready to take entry after reaching the POI area
